How can applying the Pareto Principle help you?

Interesting post I came across on a fellow blogger’s page – A Better Man. Speaks about the Pareto Principle and how we can use it to our advantage. Give it a read to learn more about where should we focus to improve our productivity.

A Better Man

Not many things are as frustrating as wasting time. What’s even more infuriating is not knowing where and when you’re spinning your wheels, whether that be at work or at home. Trying to up your productivity (honestly, who isn’t)? The Pareto Principle can help you get — and keep — the ball rolling.

You’ve probably heard of the 80/20 rule, right? This concept states that, in general, 80 percent of the results come from 20 percent of the actions. Philosopher and economist Vilfredo Federico Damaso Pareto, born in Italy in 1848, coined this idea.

Legend has it, Pareto peeked at his pea plants one day and noticed that only 20 percent of the plants in the garden generated 80 percent of the healthy pea pods. Then he looked at all of Italy, and, what do you know, 20 percent of the population owned 80 percent of the country’s land. This…

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